ghl. draw a person's utility curve and illustrate that that person is On the diagram provided to the rt '6 but risk preferring with respect to a gain. risk averse With respect to a loss Assume the individual is initially endowed with W 2 wealth and faces the possibilty of a loss to W0 and a gain to W'. Use the 4-point curved line drawing tool to illustrate the person's uti person is risk averse with respect to a loss but risk curve 'U". lily curve to illustrate that that preferring with respect to a gain. Label the (Hint It may be helpful to begin the curve at the origin and draw the fourth point dening the curve beyond wealth level W'). Carefutly follow the instructions above, and only draw the required objectst Utility